The Fishing and Hunting Equipment Market in China has shown significant growth in size, reaching 1218.4 million USD in 2023. Over the past decade, this market has experienced both steady growth and occasional declines. Key year-on-year variations include notable increases in 2015 and 2018, with smaller declines in 2016 and 2020. The compound annual growth rate (CAGR) for the last five years stands at 2.79%, indicating a stable yet moderate growth trend.
Looking forward, future trends to watch for in this market include:
- Increased adoption of digital technologies and e-commerce for equipment purchases.
- Rising popularity of outdoor recreational activities in urban areas.
- Growing environmental and sustainability concerns affecting equipment design and materials.
How does China rank in Fishing and Hunting Equipment Market Size Value?
| # | 17 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,258,500,000 | 2023 | +1.78% | +1.37% | View data |
| 2 | 2 China | 1,218,400,000 | 2023 | +3% | +2.79% | |
| 3 | 3 Japan | 656,490,000 | 2023 | -0.34% | -0.15% | View data |
| 4 | 4 France | 191,580,000 | 2023 | -0.28% | -0.11% | View data |
| 5 | 5 United Kingdom | 181,190,000 | 2023 | -0.69% | -0.63% | View data |
